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  • #11,381
  • Jul 5, 2023 1:08pm Jul 5, 2023 1:08pm
Quoting Zebi
{quote} higher timeframes all beaish out to the 6 month midterm chart..only chart not giving a sell signal yet is the yearly LOL maybe a small support on the 5 min chart but i dont look at that and never look at 1 min
I understand your analysis i concur with all the higher timeframes ( h4, daily, weekly)on a bearish trend i was watching news trying to make sure my low of 1911 and 1903 maybe hit but kinda hesitate because of the weaken economy, I want to continue with the bearish market,
  • #11,382
  • Jul 5, 2023 1:09pm Jul 5, 2023 1:09pm
Quoting Zebi
{quote} thank you for your kind words however we may not be a good fit. i trade higher timeframes..my first trade this morning was off the hourly chart so you have to determine what suits you and fits your personality? will you have a small funded account thats youll scalp since youll overleverage? cause i use wide stoplosses like 60 to 100 pips on the hourly...so i use proper size and leg in a trade. also i just use candles and volume...no indicators or moving averages so youll lose trying to trade the way i do using indicators cause im a contrarian...ill...
Thanks man really appreciate the heads up. Will keep an eye on skull candy however in higher or longer time frames i have consistently seen you being correct so all the input here is really appreciated; keep up the good work, please. I have blown around a 14k account already so now have learnt my lesson trading with smaller lots keeping in mind gold can burn any time. I stick to the basics. Trading support and resistances only. Ironic how i do that cause thats all i know but i feel the simpler the better. One question, do you have a selling bias? or do you keep buying into price as well as it keeps going down adding small layers?
  • #11,383
  • Jul 5, 2023 1:11pm Jul 5, 2023 1:11pm
Quoting Godspromise
{quote} I understand your analysis i concur with all the higher timeframes ( h4, daily, weekly)on a bearish trend i was watching news trying to make sure my low of 1911 and 1903 maybe hit but kinda hesitate because of the weaken economy, I want to continue with the bearish market,

post a chart that you use for entries so i can see what your looking at
short trump and go long the deepstate
  • #11,384
  • Jul 5, 2023 1:15pm Jul 5, 2023 1:15pm
minutes not very boolish for gold so ill be shorting all at all resistence levels
short trump and go long the deepstate
  • #11,385
  • Jul 5, 2023 1:16pm Jul 5, 2023 1:16pm
but price is at daily range so probably not much downside left...im not going long but will short if price gets back to 1924
short trump and go long the deepstate
  • #11,386
  • Jul 5, 2023 1:19pm Jul 5, 2023 1:19pm
Quoting Zebi
{quote} thank you for your kind words however we may not be a good fit. i trade higher timeframes..my first trade this morning was off the hourly chart so you have to determine what suits you and fits your personality? will you have a small funded account thats youll scalp since youll overleverage? cause i use wide stoplosses like 60 to 100 pips on the hourly...so i use proper size and leg in a trade. also i just use candles and volume...no indicators or moving averages so youll lose trying to trade the way i do using indicators cause im a contrarian...ill...
I have some questions as well please; ignore if too noob

1. I have seen that Gold definitely retraces almost all the time so as long as the lot sizes are added on in small sizes in proportion to the account size you are A okay unless price does some crazy trend. Would you agree with that? Also please suggest lot sizes in proportion to account size

2. Any telltales what is the behaviour of gold or what sort of catalysts cause it to go into a super duper trend very rarely?

3. I have found that RSI divergences on higher time frames are very very valid if clear enough and sooner or later they kick in. Comments please
  • #11,387
  • Jul 5, 2023 1:26pm Jul 5, 2023 1:26pm
Quoting Zebi
{quote} post a chart that you use for entries so i can see what your looking at
sorry for the wait I wait kinda busy but this is how I structure my chart supply and demand support and resistance and awesome oscillator and fibo retracement is what I use
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  • #11,388
  • Jul 5, 2023 1:28pm Jul 5, 2023 1:28pm
Quoting Naush
{quote} Thanks man really appreciate the heads up. Will keep an eye on skull candy however in higher or longer time frames i have consistently seen you being correct so all the input here is really appreciated; keep up the good work, please. I have blown around a 14k account already so now have learnt my lesson trading with smaller lots keeping in mind gold can burn any time. I stick to the basics. Trading support and resistances only. Ironic how i do that cause thats all i know but i feel the simpler the better. One question, do you have a selling...

i was buying lows and shorting hi's last two weeks up untill the month closed now im just bearish and staying away from longs cause dont want to run into a wall like this morning
short trump and go long the deepstate
  • #11,389
  • Jul 5, 2023 1:35pm Jul 5, 2023 1:35pm
Quoting Naush
{quote} I have some questions as well please; ignore if too noob 1. I have seen that Gold definitely retraces almost all the time so as long as the lot sizes are added on in small sizes in proportion to the account size you are A okay unless price does some crazy trend. Would you agree with that? Also please suggest lot sizes in proportion to account size 2. Any telltales what is the behaviour of gold or what sort of catalysts cause it to go into a super duper trend very rarely? 3. I have found that RSI divergences on higher time frames are very...
read this thread will help you with entries..you can ignore the grid thats stupid
https://www.forexfactory.com/thread/...e-only-pattern

and fxcyborg threads he made 3... he was a mad genius that lost it cause people kept attacking him LOL

he deleted his first post outlining the method but you should be ablw to figure it out reading the pages

heres one

https://www.forexfactory.com/thread/...h-little-to-no

https://www.forexfactory.com/thread/...low-dds?page=2

i never learned how to type so i just use the index finger on each hand so ill try to steer you to good threads you can learn from cause will take me hours typing everything out
short trump and go long the deepstate
  • #11,390
  • Jul 5, 2023 1:42pm Jul 5, 2023 1:42pm
Little risk, @ 1916.9, TP 1918
  • #11,391
  • Jul 5, 2023 1:46pm Jul 5, 2023 1:46pm
hourly will probably be a buy since price little below ADR and that FVG which was called the candle midpoint the last 100 years till some knuckleheads decided to rename it on youtube and make money from views cause they couldnt trading....anyone making money trading wont have time or the inclination to make videos LOL

but wont bounce far and ill be shorting it
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short trump and go long the deepstate
  • #11,392
  • Jul 5, 2023 1:47pm Jul 5, 2023 1:47pm
Quoting Zebi
{quote} read this thread will help you with entries..you can ignore the grid thats stupid https://www.forexfactory.com/thread/...e-only-pattern and fxcyborg threads he made 3... he was a mad genius that lost it cause people kept attacking him LOL he deleted his first post outlining the method but you should be ablw to figure it out reading the pages heres one https://www.forexfactory.com/thread/...h-little-to-no https://www.forexfactory.com/thread/...low-dds?page=2...
Thanks man. Really appreciated
  • #11,393
  • Jul 5, 2023 2:12pm Jul 5, 2023 2:12pm
if this hourly candle closes green ill go long small size to the bounce up to 1922
short trump and go long the deepstate
  • #11,394
  • Jul 5, 2023 2:16pm Jul 5, 2023 2:16pm
Quoting Zebi
if this hourly candle closes green ill go long small size to the bounce up to 1922
U mean the latest one or next candle?
  • #11,395
  • Jul 5, 2023 2:17pm Jul 5, 2023 2:17pm
Quoting Godspromise
{quote} sorry for the wait I wait kinda busy but this is how I structure my chart supply and demand support and resistance and awesome oscillator and fibo retracement is what I use {image}
atheers the only pattern method worked good all this week on that hourly chart

https://www.forexfactory.com/thread/...e-only-pattern

thing is just adjust it for your risk tolerance and just need to develop confidence in the entry and not be scared


i do something like him but on the other side of the candle
short trump and go long the deepstate
  • #11,396
  • Jul 5, 2023 3:14pm Jul 5, 2023 3:14pm
Quoting Zebi
if this hourly candle closes green ill go long small size to the bounce up to 1922
Oh no. I wanted price to hit 1912 before go to 1922
Love for all; Hatred for none.
  • #11,397
  • Jul 5, 2023 3:56pm Jul 5, 2023 3:56pm
Gold dropping to 1914 support wondering if it will hit my 1911 prediction
  • #11,398
  • Jul 5, 2023 4:03pm Jul 5, 2023 4:03pm
Closed gains from 1928.. still price might go down a little more. Will be happy if gold loses a few more dollars...Today was great I completed my weekly profit target, now let's get some freaking beers. Cheers and hope many of you enjoyed the drop
  • #11,399
  • Jul 5, 2023 4:58pm Jul 5, 2023 4:58pm
Price to ~ 1910 and then going up will create a H&S pattern ( large time frame). Just to note. But probably news will dominate the look of the chart
  • #11,400
  • Jul 5, 2023 5:14pm Jul 5, 2023 5:14pm
H4: Sup L at 1910
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